L1X Foundation
  • Getting Started
    • L1X Overview
      • Mission and Vision
      • Why Layer One X?
      • L1X Coin
      • Infrastructure Essentials
    • Glossary
    • Quick Links
      • Foundation Website
      • WhitePaper
      • Social Media Links
      • Blog
      • Others
  • Ecosystem
    • Multifunction Utility
    • Products
    • Partnerships
      • L1DEX - Decentralised Exchange
      • DigaLabs
      • Omchain
      • Healthlink
      • L1X_Labs
      • UWA
      • Prysm Group
      • Hype Talent
  • L1X Technology Explained
    • Abstract
    • Introduction
    • Scalability and Interoperability Limitations of Existing Blockchain Networks
    • L1X Network
      • Design Principles
      • Prominent Features
      • L1X Benefits
    • Mobile Nodes
    • L1X Architecture
      • Components
      • Consensus Mechanism
    • L1X Transaction Lifecycle
    • X-Talk
      • X-Talk Architecture
      • Use Case: Advertise BSC NFT Sale in OpenSea Ethereum Marketplace
      • X-Talk Workflow
      • Benefits
    • Virtual Machine
    • L1X Time Units
    • Validator Nodes
      • Validator LifeSPAN
      • Validator Lifespan Algorithm
      • Validator Selection
      • Validator Selection Algorithm
      • Vigilant Nodes
      • Radix Nodes
      • Cluster Assignment
      • Lexicon
    • L1X Reward Mechanism
      • Friction on the Network
      • Consensus Mechanism and Incentive Scheme
      • Resource Costing Model
      • Token Distribution and Pricing Strategy
      • Consensus Mechanism and Token Pricing with Respect to Token Inflation
      • Token Participant Distribution and Pricing
      • Ongoing Distribution Rules, Governance, and Token Pricing
      • Layer Two Tokenomics Vs Layer One Tokenomics
      • L1X Coins
    • Tokenomics
    • L1X Applications
      • Staking
      • Exchange
      • Ledger Tokenization
      • Micropayment Transactions
      • Micro Trading
      • Gaming
      • Metaverse
    • L1X Components - Example Use-Cases
      • L1X Fungible Token Smart Contract
      • L1X Non-Fungible Token Smart Contract
      • X-Talk Token Swap
      • X-Talk Token Staking
      • X-Talk Fungible Token Lending and Borrowing
      • X-Talk NFT Liquidity Provision
      • X-Talk NFT Leasing Provision
      • Health Smart Contract
      • L1X Wallet SDK
    • Conclusion
  • L1X Tokenomics
  • Node Hosting on L1X
    • Node Architecture & Consensus Mechanism
Powered by GitBook
On this page
  1. L1X Technology Explained
  2. Validator Nodes

Lexicon

  • Slot: The smallest time unit in the L1X blockchain, where one block is created every 0.5 seconds.

  • Chunk: A 20-second time interval consisting of 40 slots in the L1X blockchain, organizing blocks for efficient management and synchronization.

  • Epoch: A period in the L1X blockchain comprising consecutive 3 chunks, typically lasting for one minute, during which clusters propose blocks and facilitate network consensus.

  • Cube: A unit of time in the L1X blockchain that encompasses multiple epochs, typically lasting for three minutes, incorporating cluster shuffling and providing milestones for network analysis and planning.

  • Radix: a node that serves as an entry point for new nodes, providing network information, cluster assignment, and maintaining thresholds for participation.

  • Validator: a node that validates transactions, secures the network, and can be selected as block proposers through a pseudo-random algorithm based on the stake and other factors.

  • Block Proposer: a node responsible for creating new blocks and proposing them to the network for validation.

  • Vigilant Node: a node in a blockchain network that monitors transactions, and detects and reports malicious activity to the block proposer.

PreviousCluster AssignmentNextL1X Reward Mechanism

Last updated 1 year ago